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979 Moorman Ln Bowling Green, KY 42101

For Sale
$1,699,900

35.5 Acres, High-Demand Location

Description

Added:
Dec 11, 2024
Days on Market:
362
This exceptional 35.5-acre property in Bowling Green, Kentucky, presents a compelling investment opportunity. Located on Moorman Lane, it boasts convenient access to I-65 exit 28 and the Kentucky Transpark, a thriving business hub with over 6,000 projected employees, including the new EV Electric Battery plant. The site's strategic position benefits from the area's robust economic growth and significant housing demand. A 2023 Housing Needs Assessment for Bowling Green-Warren County indicates a need for over 14,000 residential units in the next five years, making this land ideally suited for a residential development. The property includes 23.35 acres zoned RM-3 and R-E, with an additional 10 acres available for potential expansion. A concept plan has already been approved for 187 zero lot line, two-story townhouses, each a minimum of 1,400 square feet. This location offers easy access to major US markets, situated within a day's drive of 60% of them. Bowling Green itself is a vibrant city, home to General Motors Corvette Assembly plant, Western Kentucky University, the National Corvette Museum, and a flourishing downtown area. This property represents a rare chance to capitalize on the region's growth and contribute to meeting the area's significant housing needs. The asking price is $1,699,900. The address is 979 Moorman Lane, Bowling Green, KY 42101.

Property Features for 979 Moorman Ln

General Information

Property type
Land

HighLights

  • $1,699,900 asking price for 35.24 acres of vacant land.
  • Located at 979 Moorman Lane, Bowling Green, KY 42101, near I‑65 exit 28 and the Kentucky Transpark.
  • Zoned RM‑3 and R‑E (23.35 acres) with an additional 10 acres for potential expansion; concept approved for 187 zero lot line townhouses (minimum 1,400 sq ft).
  • Prime location to serve Bowling Green's growing workforce, supported by a 2023 Housing Needs Assessment indicating a need for over 14,000 residential units in the next five years.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Department Store Kitchen & Bath

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bowling Green
County
Warren
State
Kentucky
Longitude
-86.378321
Latitude
37.030654

FAQs

What type of property is this?
Land - 35.5 Acres, High-Demand Location
Where is this land located?
The property is located at 979 Moorman Ln Bowling Green, KY.
What is the asking price?
The asking price for this property is $1,699,900.
What are key features of this property?
This property features: $1,699,900 asking price for 35.24 acres of vacant land.; Located at 979 Moorman Lane, Bowling Green, KY 42101, near I-65 exit 28 and the Kentucky Transpark.; Zoned RM-3 and R-E (23.35 acres) with an additional 10 acres for potential expansion; concept approved for 187 zero lot line townhouses (minimum 1,400 sq ft).
More about this property
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